Page 4 - Muthoot Finance

Airtel Payments Bank partners with Muthoot Finance to offer gold loans

Airtel Payments Bank on Thursday said it has partnered with Muthoot Finance to offer gold loans through Airtel Thanks app. There will be no-processing charge on the loan and Muthoot Finance will provide up to 75 per cent of the pledged gold value as a loan, the payments bank said. "Gold Loans are secured loans that can be availed to cater to a variety of needs, from personal to professional. We are delighted to partner with Muthoot Finance to offer easy access to Gold Loans through Airtel Thanks App," Airtel Payments Bank chief operating officer Ganesh Ananthanarayanan said in a statement. The loan facility will also be available at the 5 lakh banking points for Airtel Payments Bank, it added. "The partnership will give access to secured and affordable credit to customers looking for quick liquidity against their gold assets. We are happy to serve an extensive range of customers across various geographies and ticket sizes," Muthoot Finance joint managing director Alexander George .

Muthoot Finance sinks 9% on weak Q4 result; analysts bearish on stock

Motilal Oswal Financial Services believes FY23 will be a difficult year for Muthoot with a clear trade-off between growth and margin

Muthoot Finance Q4 profit slides to Rs 1,006 cr as interest income falls

The interest income was down by 3.7 per cent at Rs 2,916.87 crore from Rs 3,029.83 crore in the year-ago period.

Muthoot Finance to raise up to Rs 300 cr via bonds; issue opens May 25

The non-banking finance company said the funds raised through this issue will be utilised primarily for lending activities of the company

Belstar Microfinance raises Rs 275 cr from Affirma Capital, others

Existing investors Muthoot Finance and Maj Invest also participated in the latest funding round

Manappuram, Muthoot Finance: Growth concerns weigh on near-term outlook

Analysts have cut earnings growth forecast but see the stocks giving up to 34.4 per cent (Muthoot) and 58.7 per cent (Manappuram) returns on attractive valuation

Muthoot Finance net profit rises 4% at Rs 1,044 cr in December quarter

The Company's net profit stood at Rs 1,006.60 crore in the corresponding quarter a year ago

Here's why Ajit Mishra is bullish on Petronet, Motherson, Muthoot Finance

The technical analyst from Religare Broking recommends to buy and accumulate these stocks in the mentioned range

Muthoot Finance at new high on strong Q2 show; Manappuram also shines

The management of Muthoot Finance is optimistic about growing the company's gold loan book further and maintains 15 per cent growth guidance for FY22.

Stocks to Watch: Aurobindo, Divi's, PTC, Sun Tv, Muthoot Fin, realty shares

Realty stocks on the back of PAG taking a contra call on the sector and corporate earnings will be in focus today

Muthoot Finance's Q2 standalone net profit rises 11% to Rs 994 cr

The gold loan company also reported that its loan assets rose to Rs 55,147 crore as compared to Rs 47,016 crore in Q2FY21

Sensex slips 109pts; Broader markets outperform, Allcargo zooms 20%

Stock market LIVE: The BSE Midcap and Smallcap indices gained 0.6 per cent and 1.1 per cent, respectively. Realty and auto shares rallied, while metal stocks declined in trade on Tuesday

Muthoot Finance Q1FY22 results: Net profit rises 14% to Rs 979 cr

The non-banking finance company's total income increased 14% to Rs 2,963 crore

Muthoot Finance soars 17% in two days, hits new high on strong Q4 results

Despite a 10-12 per cent decline in gold prices, Muthooth Finance managed to grow the loan book by 4 per cent quarter-on-quarter

Muthoot Finance Q4 net profit up 22% at Rs 996 cr; loan assets up 27%

Gold loan finance company Muthoot Finance Ltd (MFIN) on Wednesday reported a 22 per cent jump in standalone profit after tax at Rs 996 crore for the three months to March 2021.

Top headlines: SC pulls up Centre over vaccination; PVR Q4 net loss widens

Business Standard brings you the day's top headlines

Muthoot Finance fourth quarter net profit up 22% at Rs 1,024 crore

The company had posted a net profit of Rs 835.75 crore during the corresponding January-March period of 2019-20.

Muthoot Finance declares interim dividend of Rs 20/share; stock rises 4%

Last month, rating agency Icra had upgraded ratings on the company's long-term debt facilities from 'AA(Stable)' to 'AA+(Stable)'

Market Ahead Podcast, April 13: Top factors that could guide markets today

Sebi imposed a penalty of Rs 25 crore on Yes Bank in the matter of misselling the lender's AT-1 bonds few years ago

Stocks to watch: Muthoot Finance, RIL, UCO Bank, Prakash Industries, Airtel

Anil Agarwal-led Vedanta Resources Ltd's sweetened offer to buy back 17.5 per cent share in its Indian flagship firm was subscribed 57.5 per cent, helping it raise its stake to about 65 per cent